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|c 5.00 USD
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|z 9781455265459
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a Turunen, Jarkko.
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|a Euro Area Export Performance and Competitiveness /
|c Jarkko Turunen, Richard Harmsen, Tamim Bayoumi.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2011.
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|a 1 online resource (16 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a Concerns about export growth within the euro area peripheral countries due to a lack of competitiveness within the euro area are a key policy issue. Our analysis suggests that: (i) Long-term price elasticities for intra-euro area exports are at least double those for extra-euro area exports, so traditional real effective exchange rate indexes may overstate the effectiveness of euro depreciation in restoring exports growth in the euro area periphery and; (ii) There are surprisingly wide divergences across alternative relative price measures and even when relative price data suggest a steady loss in intra- (and extra-) euro area competitiveness, the pace of deterioration depends on the measure of relative prices used.
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|a Mode of access: Internet
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|a Bayoumi, Tamim.
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|a Harmsen, Richard.
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|a IMF Working Papers; Working Paper ;
|v No. 2011/140
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2011/140/001.2011.issue-140-en.xml
|z IMF e-Library
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